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Re: DA Bailey post# 37227

Wednesday, 10/12/2022 11:46:41 AM

Wednesday, October 12, 2022 11:46:41 AM

Post# of 44035
Most start-ups fail. When the business became insolvent due to the failed Texas application and debt conversions by Tangiers, I did the responsible thing and recommended the Company be wound up. I figured if the original investors were going to get wiped out, Tangiers might as well too. I was pushed out shortly thereafter.

I didn't keep the company going creating millions more in investor losses to date by dangling a carrot for three years.

The only value here is the tax loss carry forward for a merger candidate. Anyone thinking otherwise is a fool.

Good luck though.
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